Sara maintains a monopoly in the holographic TV market because of its patent, but it is about to expire. The market dema

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answerhappygod
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Sara maintains a monopoly in the holographic TV market because of its patent, but it is about to expire. The market dema

Post by answerhappygod »

Sara maintains a monopoly in the holographic TV market becauseof its patent, but it is about to expire. The market demand andSara’s production cost are given by: P = 100 − 0.5𝑄 and 𝑇𝐶 = 100 +0.5Q2
The market price is , ???
The market quantity is , ???
The monopoly profit is , ????
Please explain, Thank you!!
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